Japan will adopt appropriate actions for excessive exchange rate fluctuations

Breakings ·  Apr 20 03:19
Japan's Finance Minister Shunichi Suzuki said that Japan will take appropriate action to deal with excessive fluctuations in the foreign exchange market. He said that people are increasingly concerned about the timing and pace of the shift to less austerity monetary policies in the US and Europe. Uncertainty and market speculation have exacerbated excessive volatility in financial markets, including the foreign exchange market. What is important is that the exchange rate trend is stable, reflecting fundamentals.

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